Attached files
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| 8-K - 8-K - Federal Home Loan Bank of Chicago | axdirectorelectionresu.htm |
EXHIBIT 99.1
November 6, 2020
VIA EMAIL
TO: | Member Institutions in Illinois and Wisconsin |
RE: | Results of 2020 Election of Federal Home Loan Bank of Chicago |
Member and Independent Directors
The Federal Home Loan Bank of Chicago is pleased to announce the results of the 2020 election of Federal Home Loan Bank of Chicago member and independent directors for member institutions in Illinois and Wisconsin. The directors’ terms will begin on January 1, 2021.
MEMBER DIRECTORS
Illinois - Two Member Director | ||||
Number of Members Eligible to Vote | 439 |
Number of Members Casting Votes | 208 |
Total Eligible Votes for Each Directorship | 3,216,337 |
Votes Received
Ashworth, James T. Vice Chairman CNB Bank & Trust, N.A Term Expires: December 31, 2024 (Four year term) | Carlinville, IL | 812,111 |
Gross, Michelle L. Executive Vice President, Chief Operating Officer, Information Systems Officer and Director State Bank of Bement Term Expires: December 31, 2024 (Four year term) | Bement, IL | 1,469,561 |
Wisconsin - One Member Director | ||||
Number of Members Eligible to Vote | 233 |
Number of Members Casting Votes | 148 |
Total Eligible Votes for Each Directorship | 1,515,585 |
EXHIBIT 99.1
Votes Received
Fazio, Joseph III. Chairman, CEO & Co-founder Commerce State Bank Term Expires: December 31, 2024 (Four year term) | West Bend, Wisconsin | 454,476 |
* * * *
INDEPENDENT DIRECTOR
Number of Members Eligible to Vote | 672 |
Number of Members Casting Votes | 356 |
Total Eligible Votes for Each Directorship | 4,731,922 |
Votes Received
Cahillane, Mary J. Former Chief Investment Officer/ Vice President of Finance and Investments of the Spencer Foundation Term Expires: December 31, 2024 (Four year term) | Chicago, Illinois | 2,132,075 |
Young, Charles D. Chief Operating Officer Invitation Homes Term Expires: December 31, 2024 (four year term) | Chicago, Illinois | 1,786,745 |
Enclosed for your information is a complete list of the voting results for the Seventh District. Thank you for participating in this year's election process. Your contribution ensures sound representation on our Board of Directors for the mutual benefit of the Bank and its member-stockholders.
Sincerely,
/s/ Laura M. Turnquest
Laura M. Turnquest
Executive Vice President,
General Counsel &
Corporate Secretary
Enclosure
EXHIBIT 99.1
FEDERAL HOME LOAN BANK OF CHICAGO
RESULTS OF THE 2020 ELECTION OF MEMBER & INDEPENDENT DIRECTORS
ILLINOIS - MEMBER DIRECTOR RESULTS
NAME | VOTES | FHFA ID | CITY | INSTITUTION |
Ashworth, James T.* | 812,111 | 10034 | Carlinville | CNB Bank & Trust, N.A |
Bartlett, Micah R. | 792,105 | 09151 | Springfield | Town and Country Bank |
Gross, Michelle L.* | 1,469,561 | 55607 | Bement | State Bank of Bement |
Total Number of Votes Cast | 3,073,077 | |||
WISCONSIN - MEMBER DIRECTOR RESULTS
NAME | VOTES | FHFA ID | CITY | INSTITUTION |
Fazio, Joseph III.* | 454,476 | 54139 | West Bend | Commerce State Bank |
Hauser, Kevin R. | 232,525 | 11614 | Westby | Westby Co-op Credit Union |
Schroeder, Bradley J. | 313,633 | 10002 | DeForest | DMB Community Bank |
Total Number of Votes Cast | 1,000,634 | |||
INDEPENDENT DIRECTOR RESULTS
NAME | VOTES | CITY | INSTITUTION |
Cahillane, Mary J.* | 2,132,075 | Chicago | Formerly of the Spencer Foundation |
Young, Charles D.* | 1,786,745 | Chicago | Invitation Homes |
* Elected to serve on the Board of Directors of the Federal Home Loan Bank of Chicago.